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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Aircraft Communication System Market Share, Segmentation, Report 2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Aircraft Communication System Market will undergo noticeable growth owing to increasing demand of aircrafts for commercial and military applications. Growing numbers of passengers & frequent air travelers are key factor propelling the demand of new passenger carriers.  Increasing need for operation efficiency and flight safety drives demand for better communication system. Reliable communication essential for better operation to reduce delay time and achieve customer satisfaction will drive the demand for aircraft communication system market during the forecast period. Airlines replacing aging fleet with modern, fuel efficient airplanes will propel aircraft communication system market.  Technological advancement in communication and navigational support devices will fuel the product demand. Moreover, increasing electronic systems in airplane will support the industry growth. Application Analysis of Aircraft Communication System Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Research Report On Aircraft Communication System Market @ https://www.gminsights.com/industry-analysis/aircraft-communication-system-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2329 https://www.gminsights.com/request-toc/upcoming/1797 https://www.gminsights.com/request-toc/upcoming/2329

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing backlog for Boeing and Airbus indicates increasing demand from commercial aviation industry. Increasing air travelers and subsequent rise in air traffic creates demand of new airplane deliveries across the world. New airplanes construction and need for effective communication system will increase the industry revenue during forecast period.  Aircraft communication system with several electronic components increases the complexity of operation. Complex system and operational vulnerability associated with electronic components will limit the industry growth. Moreover, limited availability of radio spectrum may also hamper the demand.  Manufacturers of aircraft communication systems have growth opportunities in increasing demand for unmanned aerial vehicles (UAV). Proliferating UAV demand for agriculture, commercial use provides opportunities for new entrants as well as present participants. Continue…

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asia Pacific is estimated to dominate overall industry growth owing to rise in air travelers across the region. Increasing disposable income in middle class population led to rise in air travel which will propel the demand. Countries such as China, Russia, Saudi, Arabia expanding defense budget on military jets will boost the demand.  North America aircraft communication system market demand is driven by high passenger density, advanced technology and high military spending. Regional Analysis of Aircraft Communication System Market:

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Iridium  L3  Lockheed Martin  Northrop Grumman  Honeywell  Harris  Cob ham  United technology corporation  Raytheon  Rockwell Collins  Honeywell. Competitive Market Share of Aircraft Communication System Market:

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